Latest News
Third-Party Bad-Faith Reforms Enacted in 2005 Reduced Auto Liability Coverage Costs by an Estimated $200 Million in the First Five Years According to a New Report From the Insurance Research Council
Oct 11, 2011
According to a new study from the Insurance Research Council (IRC), third-party bad-faith reforms adopted by the West Virginia State Legislature in 2005 were estimated to have reduced underlying insurance coverage costs by approximately $200 million in the five-year period after the reforms were
MAJORITY OF PUBLIC DISAGREES WITH THE IDEA OF LOCAL GOVERNMENTS CHARGING ACCIDENT RESPONSE FEES TO INDIVIDUALS INVOLVED IN TRAFFIC ACCIDENTS
May 18, 2011
Sixty-eight percent of adults disagree with the idea that local governments should charge accident response fees to individuals involved in traffic accidents, according to a new study from the Insurance Research Council (IRC).
Recession Marked by Bump in Uninsured Motorists IRC Analysis Finds One in Seven Drivers Are Uninsured
Apr 20, 2011
Across the United States, chances are roughly one in seven that a driver is uninsured, according to new estimates from the Insurance Research Council (IRC).
Legislation Enacted in Washington State May Have Increased Homeowners Insurance Claim Costs by as Much as $190 Million Over Two Years, According to a New Report From the Insurance Research Council
Mar 30, 2011
According to a new study from the Insurance Research Council (IRC), evidence suggests that legislation adopted by the Washington State Legislature in 2007 and approved in a statewide voter referendum may have caused an increase in homeowners insurance claim costs in the state.
EVIDENCE OF ABUSE FOUND IN GROWING PERCENTAGE OF FLORIDA NO-FAULT INSURANCE CLAIMS IRC Analysis Also Finds Growing Utilization of Expensive Diagnostic Procedures and Chiropractic Treatment
Feb 09, 2011
Almost one in every three no-fault auto insurance claims closed in Florida in 2007 appeared to involve the exaggeration of an injury or to be inflated by unnecessary or excessive medical treatment, according to a new study from the Insurance Research Council (IRC).
MORE THAN 20 PERCENT OF NEW YORK CITY AREA AUTO INJURY CLAIMS APPEAR TO BE FRAUDULENT, SAYS NEW STUDY OF NO-FAULT AUTO INSURANCE
Jan 05, 2011
MALVERN, Penn.—Jan. 5, 2011—About one in every five no-fault auto insurance claims closed in the New York City area in 2010 appears to have elements of fraud, and as many as one in three claims appears to be inflated, according to a new study from the Insurance Research Council (IRC).
Almost One-In-Five Drivers Reports Texting While Driving in the Last Thirty Days
Nov 09, 2010
MALVERN, Pa. — Almost one-in-five drivers in the United States (18 percent) reported texting while driving in the last 30 days according to a new survey from the Insurance Research Council (IRC).
State Beach and Windstorm Plans’ Role in Insuring Coastal Risks Continues to Grow
Oct 19, 2010
MALVERN, Pa. — A new study from the Insurance Research Council (IRC) describes how the role of beach and windstorm plans in some states has changed from serving as a market of last resort, to providing unintentional incentives for economic development in areas vulnerable to severe wind damage.